Attorneys General Urge Biden to Secure Binance Executive Tigran Gambaryan’s Release Amid Health Concerns

On October 19, a coalition of 18 state attorneys general formally appealed to President Biden for the intervention in the case of Binance executive Tigran Gambaryan, who has been unlawfully detained in Nigeria since February 2024. In a collective letter dated October 18, the attorneys general urged the President to classify Gambaryan as a hostage under the Robert Levinson Hostage Rescue and Hostage Taking Accountability Act. They expressed grave concerns regarding his deteriorating health and the legality of his detention. Attorney General Formella emphasized, “His ongoing detention without just cause not only infringes on his fundamental rights but also endangers his health and safety. We have an obligation to advocate for the rights of American citizens abroad, and we call upon the federal government to apply essential diplomatic measures to secure his release.” This incident underscores the increasing complexities surrounding global crypto regulation and the protection of individuals in the cryptocurrency sector.